let in washington thank you both very much thank you the planned merger of german steel giants tizen culp and indian competitor tata has fallen through to cope has withdrawn from the deal because it expects the european commission to block its block it over competition concerns as a result just culp said it will be cutting six thousand jobs worldwide plan was to merge his and forbes deal unit with talk to us to create europe's second largest in the producer after oslo mittal the agreement was a fifty fifty joint venture producing annual synergies of up to six hundred million euros for both companies to cope and said they had expected to have generated pro-forma sales of fifteen billion euros. let's go to a financial correspondent in frankfurt called out that if that deal falls through appears to have fallen through what does that mean for doesn't do the have to look elsewhere for someone to marry. you know if it were so easy it would be great the problem is that there is no one really out there to be married the steel business is a business with extremely high over capacities steel prices